Morocco: Third Review Under the Two-Year Precautionary and Liquidity Line-Staff Report; Press Release; and Statement by the Executive Director for Morocco

March 6, 2014

Preview Citation

Format: Chicago

Morocco: Third Review Under the Two-Year Precautionary and Liquidity Line-Staff Report; Press Release; and Statement by the Executive Director for Morocco, (USA: International Monetary Fund, 2014) accessed November 24, 2024

Also available in: français

Summary

This paper reviews Morocco’s Third Review Under the Two Year Precautionary and Liquidity Line (PLL). The PLL aims to provide insurance against external risks while supporting the authorities program aimed at reducing fiscal and external vulnerabilities and increasing higher growth. The paper outlines that macroeconomic performance has improved in 2013, but the outlook still hinges on the sustained delivery of reforms. The IMF report highlights that continued improvement in economic conditions depend on the sustained implementation of reforms to further reduce vulnerabilities, strengthen competitiveness, and incur stronger growth.

Subject: Credit, External debt, Financial institutions, Fiscal policy, Loans, Money, Public debt

Keywords: Authorities adjustment, CR, Credit, Deficit target, Economy's resilience, Europe, GDP, Global, Government, Government coalition, IMF staff estimate, ISCR, Loans, Maghreb, Morocco, PLL review, PLL.

Publication Details

Pages:

33
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2014/066
Stock No:

1MAREA2014002
ISBN:

9781475515497
ISSN:

1934-7685

Notes

Also available in French

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